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Friday, March 1, 2013
T-Mobile USA Reports First Customer Growth Since 2009 But ?Challenges Persist Unchanged? As It Waits For Apple Deal To Kick In
Deutsche Telekom, owner of T-Mobile USA, today reported its Q4 and full-year results, and it looks like it is starting to arrest some of the declines in its North American operations: overall subscribers at T-Mobile USA now stand at 33.4 million -- a rise of 0.6% compared to a year ago, and the first time since 2009 that the number has not declined. The company, however, also noted that "challenges persisted unchanged" in the region as revenues declined by 1.4% to to ?3.8 billion ($5 billion) and service revenues specifically were down by nearly 10% to $4.1 billion, as the carrier sits tight and waits for a marketing deal with Apple to kick in this year.
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